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Joined by -- Randolph record sovereign risk that I HS global insight good morning -- I was kind of surprised to see stocks actually turned positive what is the biggest factor for the fear fading from yesterday.
I think but that the Chinese sorting out -- liquidity problems amongst that but also I think.
There are signs that the European economy might be cutting -- -- me -- me.
Expectations the federal order federal -- -- -- me.
W wolves he via a locomotive for the countries around it so -- -- news much of the acquisition Dale's Alton but it -- couple -- found.
Things that we might be easing out of the recession in Southern Europe perhaps but he's -- -- -- bodies possibly apes I think.
I see so dashes that the Chinese central banks and things are gonna be okay was enough to make investors actually believe that to have some credibility.
I'm kind of surprised at that you know our team -- -- fed insisting things are going to be okay and traders not believing -- at all and.
Well -- had a few specific problems but Interbank liquidity which they sold about -- imitate.
About what the last thing they would do is engineer another credit spend by the banks that they know the banks.
Public through the bat stole into the shadow banking not really concerned with the -- authorities they thought if they want to.
Re stimulate the real estate bubble in in that country but they are taking specific measures to do specific problems.
-- it's a good site.
You know our -- thank you very much for that that experience I would appreciate it John Randolph director of sovereign risk -- I HS global insight.
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